Part A
Which five countries have the largest oil reserves? In which part of the world are most of these countries located?
The five countries with the largest oil reserves are:
- Venezuela
- Saudi Arabia
- Canada
- Iran
- Iraq
Most of these countries are located in the Middle East and South America.
Part B
According to the graph, which statement best describes the relationship between the countries with the greatest oil reserves and those with the greatest oil consumption?
The correct answer is: Some of the countries with the greatest reserves of oil are also the greatest consumers of oil.
Part C
What is one way that a country could come to depend less on oil?
One way a country could come to depend less on oil is by investing in renewable energy sources, such as solar, wind, or hydroelectric power, thereby diversifying its energy portfolio and reducing reliance on fossil fuels.
Self-Evaluation
I would rate my work a 4 out of 5. I feel confident in my understanding of the topics discussed, including global oil reserves and consumption. I learned about the geographic distribution of oil reserves and the consumption patterns of different countries. The challenge came in synthesizing the information to derive relationships between oil reserves and consumption, but I am satisfied with my ability to respond accurately to the questions. Overall, this activity reinforced my understanding of the global oil economy and encouraged me to think critically about energy dependence.